Telecoms Blockchain Group Touts Demo Success, New Members

A number of worldwide multinational telecoms firms have joined the Carrier Blockchain Study Group (CBSG) to advance efforts in applying blockchain technology within the industry.

According to today’s announcement by Japan’s SoftBank, the study group will see United Arab Emirates’ telco Etisalat, Spain’s Telefonica and Philippine’s PLDT as new members. In addition, two firms from South Korea will also join the initiative: KT Corporation and LG Uplus, a subsidiary of LG.

As CoinDesk has reported previously, the CBSG was established in September last year – a move led by several global major telecoms firms including SoftBank and U.S. firm Sprint in order to research and develop an international cross-carrier blockchain platform and ecosystem…

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